Resource Development Group Ltd (RDG) — Tangible Net Worth Ratio
Resource Development Group Ltd (RDG) has a Tangible Net Worth Ratio of 97.4% as of December 2024. This metric is calculated by deducting intangible assets (AU$3.79 Million) from net assets (AU$144.10 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See RDG net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Resource Development Group Ltd Tangible Net Worth Ratio (2010–2024)
This chart shows how Resource Development Group Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2010 to 2024. As of December 2024, the ratio stands at 97.4%, reflecting net assets of AU$144.10 Million with intangible assets of AU$3.79 Million AUD. See Resource Development Group Ltd (RDG) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Resource Development Group Ltd (2010–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Resource Development Group Ltd from 2010 to 2024, covering 15 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see RDG stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.1% | AU$132.86 Million | AU$3.89 Million | AU$352.90 Million | ▼ -2.9 pp |
| 2023 | 100.0% | AU$107.22 Million | AU$0.00 | AU$236.49 Million | ▲ +0.0 pp |
| 2022 | 100.0% | AU$89.85 Million | AU$0.00 | AU$173.78 Million | ▲ +0.0 pp |
| 2021 | 100.0% | AU$85.69 Million | AU$0.00 | AU$119.97 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$66.44 Million | AU$0.00 | AU$79.07 Million | ▲ +0.0 pp |
| 2019 | 100.0% | AU$15.34 Million | AU$0.00 | AU$29.98 Million | ▲ +0.0 pp |
| 2018 | 100.0% | AU$17.49 Million | AU$0.00 | AU$25.72 Million | ▲ +0.0 pp |
| 2017 | 100.0% | AU$17.97 Million | AU$0.00 | AU$19.91 Million | ▲ +0.0 pp |
| 2016 | 100.0% | AU$19.13 Million | AU$0.00 | AU$27.11 Million | ▲ +0.0 pp |
| 2015 | 100.0% | AU$13.45 Million | AU$0.00 | AU$72.61 Million | ▲ +57.4 pp |
| 2014 | 42.6% | AU$7.84 Million | AU$4.50 Million | AU$15.17 Million | ▲ +9.7 pp |
| 2013 | 32.9% | AU$8.94 Million | AU$6.00 Million | AU$20.40 Million | ▼ -67.0 pp |
| 2012 | 99.9% | AU$14.60 Million | AU$15.11K | AU$37.82 Million | ▼ -0.1 pp |
| 2011 | 100.0% | AU$3.06 Million | AU$0.00 | AU$8.42 Million | ▲ +0.0 pp |
| 2010 | 100.0% | AU$20.71 Million | AU$0.00 | AU$30.14 Million | — |